Topbuild Corp (BLD)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 622,602 | 614,254 | 555,989 | 324,016 | 247,023 |
| Revenue | US$ in thousands | 5,331,020 | 5,121,100 | 4,950,980 | 3,442,500 | 2,686,160 |
| Net profit margin | 11.68% | 11.99% | 11.23% | 9.41% | 9.20% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $622,602K ÷ $5,331,020K
= 11.68%
Topbuild Corp's net profit margin has shown a positive trend over the past five years, increasing from 9.20% as of December 31, 2020, to 11.68% as of December 31, 2024. This indicates that the company has been able to effectively manage its expenses relative to its revenue, resulting in a higher percentage of profit generated from its operations. The consistent improvement in net profit margin suggests that Topbuild Corp has been successful in enhancing its operational efficiency and profitability over the period under review.